{
  "url": "https://openlegislation.uk/bank-recovery-and-resolution-no-2-order-2014/article-103",
  "json_url": "https://openlegislation.uk/bank-recovery-and-resolution-no-2-order-2014/article-103.json",
  "legislation": "uksi/2014/3348",
  "legislation_title": "The Bank Recovery and Resolution (No. 2) Order 2014",
  "legislation_url": "https://openlegislation.uk/bank-recovery-and-resolution-no-2-order-2014",
  "path": "article/103",
  "kind": "article",
  "number": "103",
  "heading": "Duties of consolidating supervisor where financial support agreed, prohibited or restricted",
  "text": "(1) This article applies where the PRA or FCA is the consolidating supervisor.\n(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(3) Paragraph (4) applies where—\n(a) a competent authority prohibits or restricts the provision of financial support to which a relevant notice refers;\n(b) the group recovery plan refers to the provision of group financial support; and\n(c) either—\n(i) the relevant competent authority for the intended recipient asks the appropriate regulator for a re-assessment of the plan; or\n(ii) the appropriate regulator is the competent authority for the intended recipient.\n(4) The appropriate regulator—\n(a) must consider whether to require the group recovery plan to be reviewed under article 34; and\n(b) if the appropriate regulator is the competent authority for the intended recipient and the intended recipient has drawn up a recovery plan on an individual basis, must consider whether to require that plan to be reviewed under article 33.\n(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Art. 103(2) omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 58(2); 2020 c. 1, Sch. 5 para. 1(1)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Art. 103(5) omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 58(2); 2020 c. 1, Sch. 5 para. 1(1)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2014/3348/article/103",
    "retrieved_at": "2026-10-28T23:53:03.627932+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}